The State Sports Facilities Project at Lakeside Stadium included the redevelopment and refurbishment of an iconic sporting landmark while retaining heritage features.

As the new home for the Victorian Institute of Sport, Athletics Australia and Athletics Victoria, the redevelopment required an extensive restoration and fitout of the 1926 Heritage grandstand, refurbishment of the Bob Jane Grandstand, a new 3-storey Athletics Building, a new Northern Grandstand and a new floodlighting installation to light the IAAF approved athletics track and field and soccer pitch.

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